Barry Ritholtz, founder and CIO of Ritholtz Wealth, joins Scarlet Fu and Tom Keene on "Bloomberg Money." Barry discusses how he observes most wealthy people in America became successful. They also discuss Barry's new book 'How Not To Invest.'
Jeff Rosenberg, portfolio manager of the systematic alternative ETF at BlackRock, joins Scarlet Fu and Tom Keene on "Bloomberg Money." He explains what's happening in bond markets and says investors should broaden to a 50/30/20 portfolio.
Jeff Rosenberg, portfolio manager of the systematic alternative ETF at BlackRock, joins Scarlet Fu and Tom Keene on "Bloomberg Money." He explains what's happening in bond markets and says investors should broaden to a 50/30/20 portfolio.
As Donald Trump took an aggressive stance on the global stage at the UN on Tuesday, several Senate Republicans were breaking from the president back in Washington. The GOP backlash, which has been simmering below the surface throughout Trump's second term as lawmakers privately grumbled he hasn't focused enough on affordability issues, burst into public view as a rapid succession of Republicans challenged Trump on everything from the Iran war to the president's "lavish" summit this week. Republicans have long been loath to openly criticize the president, who has wielded an uncommonly strong hold over his party and retains long memories about who has crossed him. Back in May, eight Indiana state lawmakers who defied Trump on a redistricting plan faced their primary voters, and only two won. GOP pollster and strategist Frank Luntz said Republicans should be frightened that their base "is not nearly as engaged as Democrats.
Federal Reserve Bank of Cleveland President Beth Hammack says she's concerned that an "inflationary mindset" might set in during an event hosted by the bank.
The AI spending boom is showing no signs of slowing down, but as billions pour into models, chips and data centers, investors are asking where the biggest returns will actually be. Accel Partner Matt Weigand, who focuses on late-stage technology investments including AI infrastructure, says the AI boom is the biggest technology cycle Silicon Valley has seen. He also discusses why open-source AI can grow alongside frontier labs such as Anthropic and OpenAI and why trust and safety are becoming key considerations when Accel decides which AI founders to back. He joins Tim Stenovec on "Bloomberg Tech."
Julian Gewirtz, Harvard Belfer Center fellow and former senior director for China and Taiwan Affairs at the White House National Security Council during the Biden administration, says President Donald Trump's meeting with Xi Jinping delivered the positive optics Trump was seeking, but little visible progress on the major challenges dividing the US and China. He discusses unresolved tensions around trade, Iran, Russia, and Taiwan, as well as the intensifying AI race. He joins Tim Stenovec on "Bloomberg Tech."
US consumer sentiment fell in September to a four-month low amid worries about rising prices and the economy. Consumers expect prices to rise over the next year and saw costs rising at an annual rate over the next five to 10 years, the highest since May. "Despite political differences, consumers unanimously believe that the outlook for the economy has diminished," says Joanne Hsu, director of the survey, who joined Bloomberg Intelligence to discuss.
Japanese Prime Minister Sanae Takaichi is not a reflationist, her finance minister said, pushing back against investor concerns over the government's spending plans and its influence on the Bank of Japan. She spoke exclusively to Bloomberg TV's Shery Ahn in Tokyo
The final stretch of a jittery week on Wall Street saw a rebound in stocks as oil prices fell, easing a selloff in bonds that had roiled financial markets around the world. Darius Dale, founder and CEO at 42 Macro gives his outlook on equities and the fading bond selloff.
Winners Alliance CEO Ahmad Nassar joins Bloomberg Open Interest to explain why professional tennis needs wholesale reform. He says the sport remains too fragmented, and he explains how pooling player rights can unlock new commercial opportunities.
Anna Paglia, Executive Vice President and Chief Business Officer at State Street Investment Management joined Bloomberg Open Interest to break down the ETF boom, explaining why retail investors now account for a much larger share of the market. She also sounds the alarm on the gamification of investing and explains why State Street believes investment-grade private credit can become a lasting part of investors' core portfolios.
